粤芯半导体创业板IPO获受理 拟募资75亿元

Core Viewpoint - Yu Xin Semiconductor is a leading integrated circuit manufacturing company focused on providing 12-inch wafer foundry services and specialized process solutions for domestic and international chip design companies [2][3] Group 1: Company Overview - Yu Xin Semiconductor operates two 12-inch wafer fabs, with a planned capacity of 80,000 wafers per month, currently achieving a capacity of 52,000 wafers per month [2] - The company is the first 12-inch wafer manufacturer in Guangdong Province to enter mass production, specializing in analog chip manufacturing [2] - By 2025, Yu Xin Semiconductor is expected to rank among the top wafer fabs in mainland China in terms of 12-inch wafer capacity, according to SEMI [2] Group 2: Product and Market Position - The company has established a diversified technology platform and core competitive advantages in niche product areas, becoming a leading foundry for capacitive fingerprint recognition chips globally [3] - Yu Xin Semiconductor is one of the few foundries in China capable of large-scale production of silicon-based CMOS ultrasonic fingerprint recognition chips [3] - The company supplies power management chips to two of the top three independent mobile chip companies globally [3] Group 3: Financial Performance - Yu Xin Semiconductor has not yet achieved profitability, with net losses projected at -1.043 billion yuan, -1.917 billion yuan, -2.253 billion yuan, and -1.201 billion yuan from 2022 to the first half of 2025 [3] - The latest external equity financing valued the company at 25.3 billion yuan [3] Group 4: IPO and Fundraising - The company plans to raise 7.5 billion yuan through its IPO to invest in the 12-inch integrated circuit analog specialty process production line project, technology platform R&D, and to supplement working capital [3][4] - The implementation of the fundraising projects is expected to enhance the technical level and product competitiveness of multiple process technology platforms, expanding the company's capacity and supporting its transition from consumer-grade to industrial-grade and automotive-grade wafer foundry services [4]